Goldman Sachs upgraded Coinbase's stock rating from Sell to Neutral

2024-03-08 21:28:03
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ChainCatcher news, according to CoinDesk, Wall Street giant Goldman Sachs has released a report stating that after Bitcoin (BTC) reached an all-time high and daily trading volume hit levels not seen since 2021, it has ended its pessimistic stance on the cryptocurrency trading platform Coinbase (COIN), upgrading its stock rating from sell to neutral. Goldman Sachs also raised the price target for Coinbase stock from $170 to $282. Coinbase's stock price fluctuated slightly in pre-market trading, reporting at $242.10.

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